Question
Compute the amount of raw materials used during August if Rs. 75,000 of raw materials were purchased during the month and the inventories were as
Compute the amount of raw materials used during August if Rs. 75,000 of raw materials were purchased during the month and the inventories were as follows:
Inventories
Balance
August 1
Balance
August 31
Raw Materials
5,000
3,000
Work in Process
13,000
16,000
Finished Goods
25,000
27,000
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Managerial Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
13th edition
978-1285868806, 1285868803, 978-1305691254, 978-1305465640, 1305465644, 978-1285866307
